Sellers often ask, "Before I put my home on the market, should I make repairs or offer an allowance for the buyer to fix things up the way they like?"
Based on my experience, I advise making as many of those modifications as you can. Replace carpet. Take down wallpaper. If you have the financial means to do so, take care of those things before you list your property. Here's why.
1. Only 10% of the population is visual. Only 10% of the population can see what the home will look like with different carpeting or new paint. If you don't update your home, you are cutting off 90% of your buyers.
2. Buyers can't afford to make repairs after they buy the house. Buyers have to make a down payment and cover closing costs. Sometimes they have to purchase refrigerators and washing machines. By not making repairs, you eliminate those buyers.
3. Buyers make a mental checklist of reasons not to buy a home. If a buyer walks through your home and thinks they have to tear down wallpaper, repaint everything, and replace all the carpets, that may turn them away from your home. If the list of repairs is too long, buyers will get frustrated and leave.
There are many benefits to making updates to your home before you put it on the market. You can also click here to download a free list my stager and I came up with that details everything you need to do to prepare your home for the market.
If you have any questions, give me a call or send me an email. My stager and I can come out for a free consultation. I look forward to hearing from you!